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EXHIBIT 11-19
DTE ENERGY COMPANY
BASIC AND DILUTED EARNINGS PER SHARE
OF COMMON STOCK
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Three Months Six Months
Ended Ended
June 30, 2000 June 30, 2000
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(Thousands, except per share amounts)
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BASIC:
Net income........................................................ $ 108,405 $ 225,266
Weighted average number of common
shares outstanding (a).......................................... 142,659 143,583
Earnings per share of common stock
based on weighted average number
of shares outstanding........................................... $ 0.76 $ 1.57
DILUTED:
Net income........................................................ $ 108,405 $ 225,266
Weighted average number of common
shares outstanding (a).......................................... 142,659 143,583
Incremental shares from assumed exercise
of options...................................................... 42 57
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142,701 143,640
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Earnings per share of common stock
assuming exercise of options.................................... $ 0.76 $ 1.57
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(a) Based on a daily average.
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